A check or other draft does not of itself operate as an assignment of funds in the hands of the drawee available for its payment, and the drawee is not liable on the instrument until the drawee accepts it.
Section: Previous 11-3-401 11-3-402 11-3-403 11-3-404 11-3-405 11-3-406 11-3-407 11-3-408 11-3-409 11-3-410 11-3-411 11-3-412 11-3-413 11-3-414 11-3-415 NextLast modified: October 14, 2016